Tech Companies Need Power, AC and Games

By September 13, 2016In the News

By Mary Welch, Daily Business Review

Screen Shot 2016-09-20 at 5.58.57 PMIn real estate, the mantra is “location, location, location.” But if you’re a technology company, there’s a lot more to deal with than location, cost per square foot and the number of corner offices.

Whether it’s an issue of power, security, location, potential growth or dealing with an industry overrun by millennials and their fickle work-balance issues, there are a lot more deal breakers to be considered when selecting office space than with a more traditional commercial tenant.

“High-tech companies do have different or additional requirements when selecting their real estate,” said Lenny Chesal, chief evangelist at Host.net, a multinational cloud computing company offering managed infrastructure services. “High-tech companies in South Florida have additional challenges.”

First and foremost high tech companies, especially ones with data centers, require a tremendous amount of electricity as well as access to fiber optics.

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